FX.co ★ Burning forecast EURUSD 05/15/2019

EURUSD failed at its first attempt to break through the important level of 1.1270 upwards, and pulled back to 1.1200

This raises the question of whether the exit from the range will actually be upward.

We continue to hold purchases from 1.1220, stop at 1.1175

A break above 1.1270 will mark the beginning of an upward trend.

On the other hand, the euro's fall below 1.1180 is the cancellation of the upward movement.

Log Down - Breaking Down 1.1130

A large package of news data on the United States at 11:30 London time may increase volatility.